The company's main business is power technology research and development, equipment manufacturing and engineering services, and at the same time, it takes into account the export business and import business of mechanical equipment, spare parts and raw and auxiliary materials needed by enterprises. Products are widely used in electric power, metallurgy, petrochemical, coal mine, electrified railway, public facilities and other industries.
With the gradual expansion of business scope, the products and technologies produced by the company have been widely used in national key projects such as Shanghai Maglev, Shanghai Metro, Donghai Bridge and Qinshan Nuclear Power Station, and some products have been exported to Russia, Mongolia, North Africa, Southeast Asia and other countries and regions.
Since its listing on Shenzhen Stock Exchange in 2004, it has successively won the honorary titles of Top Ten Private Enterprises of Energy Equipment in China and Innovative Enterprises in Shanghai, and its operating income has developed steadily at a compound annual growth rate of 25.8%. In the tide of global energy reform and power internet construction, it has been recognized as a supplier by customers such as European power system and British national grid. In 2022, the company will sign new contract orders as high as121220,000.
In recent years, in order to maintain the development momentum, siyuan electric has paid special attention to the cultivation of talents. By opening branches at home and abroad, it has provided employees with diversified development channels and a safe and healthy working environment, and established scholarships in many universities.
As a listed company, it also insists on repaying society with love, donating money and materials for children in poor areas at home and abroad, actively participating in voluntary blood donation and community public welfare activities, and making positive contributions to welfare, education, charity and disaster relief in China.